Epic Games' CEO calls out "official" Fortnite cryptocurrency

A new cryptocurrency called Fortnite Token is circulating the market, and the CEO of Epic Games is not happy.

Cryptocurrency and scammers have a long-lasting relationship, and it isn't going to end any time soon. Now, it looks like there's an unofficial Fortnite cryptocurrency circulating the crypto market without the knowledge of the Epic Games' CEO, Tim Sweeney.

Fortnite Token Featured

Tim Sweeney isn't too happy with the token's creators. The cryptocurrency in question is called Fortnite Token and first saw the light of day towards the end of 2021. With the big "F" and the resounding "Fortnite" logo font, there's not a shred of doubt the creators didn't intend to pass itself off as the "official" project of the popular battle royale.

The creators of Fortnite Token have been able to promote the currency at an alarming rate without alerting anyone at Epic for quite some time. Their Twitter profile is filled with the promotion of their NFT project. It was just recently that Tim Sweeney, CEO of Epic Games, got wind of this project.

Sweeney picked up on the Fortnite Token's activity on May 29, 2022, when the team tweeted out an OpenSea market link to sell the tokens acquired via the Fortnite Token's website after minting. OpenSea is a popular NFT trading site where you can buy or sell NFTs.

Without any hesitation, Sweeney replied to the tweet with a straightforward "That's a scam." to which Fortnite Token replied, saying, "Fortnite Token isn't a scam cryptocurrency project. Instead, this is a fair-launch, community-driven, Fortnite game fans-created cryptocurrency project with no specified owner or company structure behind it or a CEO deciding on its future."

Sweeney replied, "That's not how trademarks and copyrights work, though. You can't use the Fortnite name and images without permission to market an unrelated product." Suffice to say that Sweeney went over at least 3 to 4 tweets to reply the exact same.

Following the back and forth with the folks over at Fortnite Token's Twitter, Sweeney tweeted that the Epic Games' lawyers are already on the case.

And I guess the lawyers did an exceptional job as the token is not in the OpenSea marketplace anymore. Moreover, following the altercation, the Telegram channel of Fortnite Token has been removed as well.

Delisted Fortnite Token
Apparently, it has been "removed based on a claim of intellectual property infringement."

Sweeney's displeasure with the Fortnite Token does not mean he is against the idea of incorporating some form of cryptocurrency into the gaming mix. In response to a Twitter user accusing Sweeney of supporting the idea of having "a fortnite currency to sell to the 12 year olds," Sweeney states that with emerging blockchain technology, some find good uses and some find negative uses of the same. He further added that an entire field shouldn't be banned just because a few people use technology to influence others negatively.

In the above tweet, the Twitter user linked the article talking about an NFT-based game that is listed on Epic Games Store.

Sweeney's stance on cryptocurrency isn't diminishing, as he believes in it. This was indicated by a tweet back in October of 2021. Sweeney welcomed the idea of hosting games that operate and make use of blockchain as long as they follow "relevant laws." He also made it clear that none of Epic games, such as Fortnite, will ever incorporate any form of crypto.

This was controversial, given Sweeney's past comments about the integration of NFTs into games.

Sweeney followed up with an explanation that might not make much sense for many. According to his past tweets, Epic Games has a clear distinction between the company as a game developer and a tech company. What he tried to convey was that while the developers will not go anywhere near the NFTs, the tech company is willing to accept NFTs with open arms. Yeah, we're just as perplexed as you might be.

Thanks to Epic Games' welcoming nature towards crypto-based games, a new NFT-based game called Grit will be listed on the Epic Games Store.

Despite the legal threat from Tim, Fortnite Token has doubled down on its efforts to promote the token.

Fortnite Token Suspended Twitter
It seems that the Fortnite Token Twitter account has been suspended.

At the end of it all, you are your own judge. It is important to research whatever project you're investing in. It's a vast space of digital occupancy out there filled with all kinds of people. Both bad and good reside, and you need to be wary in the digital space.

Hassan Sajid

Gaming has been a part of Hassan’s life for as long as he can remember. Not only does he game well, but he also keeps his eyes open for gaming-related content to make in-depth guides and is always keen to share his game experiences. He graduated with a degree in engineering from the National University Science & Technology (formerly known as Caledonian College of Engineering). The research and technical writing skills he earned throughout his time in the university have allowed him to contribute to the gaming community by creating in-depth guides for gamers all over the world. Find Hassan on LinkedIn or find him gaming on Steam.
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